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DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY 5000-9998.11›CHAPTER 1. Accountants 5000-5158›ARTICLE 9. Accountancy Corporations 5150-5158

§ 5155

California Business and Professions Code · 2018-11 edition · updated 2026-10-04 · California

The income of an accountancy corporation attributable to professional services rendered while a shareholder is a disqualified person (as defined in the Moscone-Knox Professional Corporation Act) shall not in any manner accrue to the benefit of such shareholder or his shares in the accountancy corporation.

(Added by Stats. 1970, Ch. 1113.)

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